NanoXplore (TSE:GRA) Shares Up 9.2%

NanoXplore Inc. (TSE:GRAGet Rating)’s share price shot up 9.2% during trading on Thursday . The company traded as high as C$3.68 and last traded at C$3.68. 67,870 shares were traded during trading, a decline of 63% from the average session volume of 182,108 shares. The stock had previously closed at C$3.37.

NanoXplore Stock Up 9.2 %

The company has a current ratio of 3.45, a quick ratio of 2.81 and a debt-to-equity ratio of 23.87. The firm has a market cap of C$607.92 million and a PE ratio of -33.76. The firm has a 50 day moving average price of C$3.63 and a 200-day moving average price of C$3.97.

NanoXplore (TSE:GRAGet Rating) last released its earnings results on Monday, May 16th. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). The firm had revenue of C$28.41 million during the quarter, compared to analyst estimates of C$22.80 million. Research analysts forecast that NanoXplore Inc. will post 0.0099475 EPS for the current fiscal year.

NanoXplore Company Profile

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NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. It offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. The company also provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.

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